Do Business with China
How to make money by doing business with China?
Have you ever consider doing business with China? Some say that those who want to earn big profit need to do business with or in China. True, China is a hot land for investment.
If you want to do business with China, it is important for you to find reliable suppliers to form your business relationship. Since not all the businessmen are honest, the starting of a business relationship is very hard. However, there are ways to find reliable suppliers from China. If you can go through the channels offered by the government of China, it would be the best choice. Almost no company can have the guts to cheat the government. This is the channel called official channel. Also, you can find some reliable suppliers via exhibitions and expositions. Try to deal with the companies that have the large booth, or, you can study them on the exhibition or expositions. They offer many samples with the introduction of their company, which can offer a reference for you to know if it is a reliable company.
Next, if you want to use internet to find suppliers from China. There are many places for you to go. GlobalSources.com is a good place for you to find reliable suppliers. If you know alibaba.com, you need to try to deal with the suppliers with the marks of members. The annual fee is relatively high, so the members usually have good credit records than the free members. Another place is here. If you know Chinese, you can go directly to the Chinese version. It the web site approved by MINISTRY OF COMMERCE, PRC. You can put your requirements there, and also, you can submit your inform of purchasing there.
There are meeting held by the government with the purpose to promote sales worldwide from China. If you have chance, take part in this kind of meetings. You can find reliable suppliers there, too. One thing that you have to pay attention to is that no matter what kind of channels you have used to find the suppliers, and no matter how long you have known each other, keep the quality control first. Occasionally, or now and then, or often, as you like, probe the company if possible.
The above mentioned, I think, are valuable suggestions. Wish they could help you a little bit in establishing business relationship with China. Do you want to open an office to run a business in China? If you want to know how to open an office in China, please go on reading this article. It would be very useful for you. How to run an office in China then?
First of all, you should check if your business is in the following categories that are allowed by the Chinese government:
- Energy development, the construction materials industry, the chemical industry, metallurgy industry
- Machinery manufacturing industry, industrial instrumentation, offshore oil mining equipment manufacturing sector.
- The electronics industry, the computer industry, communications equipment manufacturing industries.
- Light industry, textile industry, food industry, medicine and the medical equipment industry, the packaging industry.
- Agriculture, animal husbandry, aquaculture industry.
- Tourism and services sectors.
If your business is in the fields that are listed above, go on to the next step.
Second, you can open your office as a branch office of your company or you can register a new company with the government. You are required to submit your information, business plan in brief or details and other things related to your business to the local government. There is a bureau of each local government which controls the registration of companies–industry and business administration bureau. It takes from about two months for your information to be approved. If you want to take part in a business run by a native Chinese or you want to run the business in the name of your Chinese friend, it is slightly different. The latter is a bit easier.
Third, when you have all your information approved, you will be given permits to run the business, and during that period, you can find your place for business. It should be registered as your main work place for your business.
Fourth, after you have all the permits and licenses at hand, you can do your business there.
If you need further information, you can pay a visit here. There are many polices related to opening an office in China. Also, you can ask the staff of the web site for help. If you have already chosen a place for your business, such as Beijing, you can directly call the local industry and business administration bureau for more information.
With the fast development of China, there are a huge amount of demands from abroad. If you want to sell your products in China, or if you have entered the market and want expand your sales, you will find this article helpful to you.
